Seek Business Capital Wilshire Blvd, Los Angeles

Seek Business Capital Reviews

• K

  Keith A
  1

  Every bad review on here tells pretty much exactly the same story. Mine would be the same. I would highly recommend extensive research in how they are securing the funding and the impact to your credit score before signing any agreement with them.

  Response from the owner

  Thank you for reaching out. We appreciate feedback as we strive to continually improve the quality of our customer service. As always, our goal is to provide amazing service to each-and-every client; while our focus is to provide funding to new and early-stage business owners to assist them in growing their startups. We do fully disclose to every client that there will be inquires to their consumer credit reports as we are seeking funding on their behalf through our process as stated on all 3 contracts. All clients are advised to expect a reduction in credit scoring which will ultimately result in a higher credit rating within an average of six months--provided all accounts are paid in a timely manner and debt ratios are kept to a minimum. I would add that inquiries only comprise 10% of credit scoring while payment history and debt to limit ratios are the basis for remaining 90%. I would further add that it is unreasonable to expect that anyone or anything will secure funding—of any form—without the lender first performing a credit check; this is a customary business practice whether the funding is secured or unsecured in nature. Seek Capital secures millions in funding every month for small businesses and business start-ups who likely would have otherwise gone out of business or—even worse—never started at all. For that reason, savvy business owners recognize that we provide a very valuable niche service, feel thankful for the lifeline service we provide on their behalf, to save their businesses, thereby injecting millions in funding every month into the U.S. economy.

• Д

  Добре працює
  5

  I needed money to start my real estate investing company, but it seemed impossible to be taken seriously. Not all start ups have the capital to get going and Seek Capital was the only company willing to work with me and take the time to understand my goals. They made it possible to get started and provided me with options too. Very impressed by the level of expertise and customer service I received.

  Response from the owner

  Thanks Gideon. We are very proud of our real estate funding program for startups, and that it worked for your needs.

• F

  Frank Gouveia
  1

  Tried to get them to tell me what their fees were. They got belligerent and told me I wouldn’t be a good fit for them. Do not trust this company.

  Response from the owner

  Thank you for reaching out. Unfortunately, we are unable review your file, as we could not find a match for your name within our company’s database. As always, our goal is to provide amazing service to each-and-every client. Please reach out to us directly so that we may improve your experience.

• K

  Katie S
  1

  Seek Business Capital is the worst company we've ever worked with. Their projections were off by more than 50% of the amount of money they could get us. We ended up having to pay almost half the amount we received in fee's. I do not recommend this company to anyone! This was a long, annoying process that led us absolutely no where!! Stay away at all costs.

  Response from the owner

  Thank you for reaching out. We strive to provide amazing service to each and every client and part of that is receiving feedback on ways we can improve. Upon searching our internal systems, we do not have any files under the name 'Katie S', perhaps it was under a different name? If so, please don't hesitate to reach out to your Account Manager here at Seek Capital and we'd be happy to assist. To address your specific concern, The concept that any of our clients would have close to 50% fees from the funds we obtain for them is factually untrue and not consistent with any of our business practices.

• J

  Jay Atkinson
  5

  What a great company with great people. Amazing staff who looks out for the best interest of their clients. I was able to take my business out of my garage because of the capital I received with the help of Seek Capital. It was easy and the entire process went smooth. Couldn’t have done it without them. Highly recommend.

  Response from the owner

  Thanks for the kind words Jay. We are pleased that our funding process worked for your business. Wishing you nothing but the best of luck with your venture!

• G

  Gerhard Bartoletti
  5

  We knew nothing about funding loans for small business before we contact Seek Capital. The entire process was rather scary to be honest, but Seek Capital makes the process completely stress free, educating, and they helped us get what we needed. We were educated along the way and always in the loop about the processes. Needless to say, we got the funding we needed and it was easy.

  Response from the owner

  Thanks for the feedback Gerhard. We are glad that the process was easy. That is one of our goals.

• J

  J. L.
  1

  Sketchy Sketchy, they charged almost 10% of the credit approved , so for 80,000 was almost 8,000 right away, they referred to (no interest) but basically you’ll ended up with 4-6 accounts and 10% of debt of the credit approved plus the interest in the credit lines which is different for each account anywhere between 9-24 months . Basically they apply for your credit lines and then the interactions is straight with your bank not them anymore. They’re only advisors at a highly cost for something you can do yourself. -John (Once expressed my concerns Josh changed his professionalism stating “your concerns don’t make sense” I’m honestly waiting to have accounts on my name that don’t belong to me (since they have all of my info) be careful

• a

  andy patch
  1

  Absolutely do not do business with this company. Their entire business model is based on doing simply doing mass credit card applications for you, and they will push you to try to do as many applications as possible, and open as many different lines of credit as they can. They do this simply because they want to receive their 10% fee from whatever the final amount is, so the more credit debt they can get you, the better it is for them. At the point in the application process that I realized this, I asked to pause the application and then I wanted to cancel it because I didnt want to open that many lines of credit. At this point they sent me a bill for $1000, and said it was the cancellation fee. They said I had 3 weeks to pay for it before it went to collections. Needless to say, beware of these vultures and avoid at all costs.

  Response from the owner

  Hi Andy, Thank you for reaching out, we strive to provide amazing service to every client. Upon receiving your comments, we opened an internal investigation, including listening to all recorded calls and reviewing all electronic communication including emails and signed agreements. Below are the findings: 1) Your funding approval was for up to $30,000 which was presented to you over the phone. Upon your verbal request, an agreement was generated and sent to you via email. 2) You personally initialed the agreement in 21 places and signed the agreement in 2 places 3) All fees are presented clearly on the first page in an offer summary page 4) All fees are detailed in the terms under section 2, 'Consideration and Consulting Fees'. Which you personally initialed 5) Cancellation is clearly explained in section 11 which you personally signed 6) Our team has attempted to reach out to you multiple times, each time has been met with resistance, no answers, no call backs. 7) Our team worked with you in terms of putting together your file and at the 11th hour you chose to abruptly cancel your file 8) As per the agreement, if a client cancels an agreement early, there is an Early Termination Fee Several of the statements that you have made are factually incorrect, including; a) 'doing simply doing mass credit card applications'- Factually incorrect. All funding is based on the client's unique requirements, business and credit profile strength and funding target b) 'open as many different lines of credit as they can'- Factually incorrect. This is unique for each customer and detailed on the first page of the client agreement c) 'o the more credit debt they can get you, the better it is for them'- Factually incorrect. We provide the funding that our clients have requested based on a signed agreement Conclusion: All Seek Capital staff have performed their duties as per our strict level of professionalism and compliance. You chose to cancel your file and as per the agreement, there is an Early Termination Fee

• L

  Leighton Lear
  4

  I used seek capital to find me funding for a product venture I was launching. They were always very helpful and attendant to questions. I would recommend anyone to use those opportunities to make the situation really clear, as it prevents confusion down the road. They will find you funding through different credit cards, And it's a delicate application process, but when successful, pays off. They specialize in start ups and people who do not have enough business history to apply for the lines of credit. Make sure this method works well for what you are trying to do. When I got my funding, they were understanding of time and the entire staff helped me.

  Response from the owner

  Thanks for the kind words Leighton! Wishing you success and nothing less!!!

• C

  Chad Webber
  1

  This is all a process that you yourself can do and not worth the thousands of dollars that they charge. Apply for credit cards on your own and use a company called Plastiq to liquidate most (by sending in your invoice from vender/contractor). You will be charged thousands for this advice. Was I approved for credit? Yes I was. Was I denied some? Yes I was. On those applications that were denied, simply call back the bank and ask for a reconsideration. The reason you are giving them is you are ‘Seeking capital for a new, fast growing business’ - just that sentence alone saves you the $600 bank negotiation fee. This process did indeed work for most denials. One that was NOT approved on was Wells Fargo, which was a $10,000 credit line. My invoice from Seek had charged me 9.99% for that credit line. I told them and gave a written letter from Wells Fargo that I was not approved and that my charge needs to be refunded. It has not been refunded and now my calls or emails are not answered or returned. Don’t give your hard earned money to this company. See pdf attached

  Response from the owner

  Thank you for reaching out. We do fully disclose to every client that we are seeking funding on their behalf through our process as stated on all 3 contracts; your funding estimate including the words “credit cards” in bold print. All clients are advised to expect a reduction in credit scoring which will ultimately result in a higher credit rating within an average of six months--provided all accounts are paid in a timely manner and debt ratios are kept to a minimum. I would add that inquiries only comprise 10% of credit scoring while payment history and debt to limit ratios are the basis for remaining 90%. I would further add that it is unreasonable to expect that anyone or anything will secure funding—of any form—without the lender first performing a credit check; this is a customary business practice whether the funding is secured or unsecured in nature. Another little-known fact it that closing accounts could potentially cause your score to decline. Seek Capital secures millions in funding every month for small businesses and business start-ups who likely would have otherwise gone out of business or—even worse—never started at all. For that reason, savvy business owners recognize that we provide a very valuable niche service, feel thankful for the lifeline service we provide, and are happy to pay a small fraction for the funding that we secure, on their behalf, to save their businesses, thereby injecting millions in funding every month into the U.S. economy. Also—were you advised of the fees before you signed in the first contract with 22 initials; which also disclosed the funding estimate as a blend of personal and business card; which you latter agreed to during your 1-hour verification and compliance call. Furthermore, Seek has a reasonable expectation that our clients, as business owners, are capable of reading and understanding a basic agreement. Thanks, again.